CorPower Ocean
Wave Power. To Power the planet. Learn more
Launch date
Employees
Market cap
-
Enterprise valuation
€36—54m (Dealroom.co estimates Feb 2021.)
Company register number 556584-9824
Stockholms kommun Stockholm County (HQ)
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m | <1m | <1m |
% growth | (45 %) | (7 %) | (28 %) | (69 %) | 21 % | 10 % | 5 % |
EBITDA | (2.4m) | (1.4m) | (<1m) | (<1m) | <1m | - | - |
% EBITDA margin | (457 %) | (293 %) | (133 %) | (789 %) | 109 % | - | - |
Profit | (2.5m) | (1.5m) | (<1m) | (<1m) | <1m | - | - |
% profit margin | (475 %) | (308 %) | (134 %) | (796 %) | 97 % | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$2.0m | Early VC | ||
N/A | €6.5m | Early VC | |
N/A | N/A | Seed | |
€8.2m | Early VC | ||
€2.3m | Early VC | ||
* | €9.0m | Early VC | |
€9.0m | Late VC | ||
N/A | Late VC | ||
Total Funding | €36.8m |
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EditCorPower Ocean brings high-efficiency Wave Energy technology enabling reliable and cost-effective harvesting of electricity from ocean waves.
With our research and development spanning decades, our innovations are inspired by the pumping principle of the human heart. Ocean energy brings stability to the clean energy mix, accelerating the transition to zero-carbon energy.
Headquartered in Sweden, with offices in Portugal, Norway and Scotland, we design, build and install turnkey solutions that allow our customers to power the planet with clean energy from ocean waves.
Tech stack
Tech stackLearn more about the technologies and tools that this company uses.